STF Tactical Growth & Income ETF (NASDAQ:TUGN) Stock Price Up 0.6% – Still a Buy?

STF Tactical Growth & Income ETF (NASDAQ:TUGN)’s stock price rose 0.6% during trading on Thursday . The company traded as high as $25.50 and last traded at $25.48. Approximately 12,341 shares were traded during mid-day trading, a decline of 49% from the average daily volume of 24,037 shares. The stock had previously closed at $25.32.

STF Tactical Growth & Income ETF Stock Performance

The stock’s 50-day moving average price is $24.07 and its 200-day moving average price is $25.16. The company has a market capitalization of $75.68 million, a price-to-earnings ratio of 32.38 and a beta of 0.73.

STF Tactical Growth & Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, March 27th. Stockholders of record on Thursday, March 26th were given a dividend of $0.2343 per share. This represents a c) dividend on an annualized basis and a dividend yield of 11.0%. The ex-dividend date was Thursday, March 26th.

STF Tactical Growth & Income ETF Company Profile

The STF Tactical Growth & Income ETF (TUGN) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that allocates among equities, fixed income, and money markets, depending on signals derived from a proprietary algo that tracks the price action across asset classes. The fund employs an option spread strategy to potentially increase the funds returns TUGN was launched on May 19, 2022 and is managed by STF.